Established in Nottingham for over 200 years, Fraser Brown Solicitors are proud to be the oldest independent firm of solicitors in the city and to have provided legal services to many local businesses and individuals.
Our award winning Commercial Legal Services are regarded as among the best in the region. With a wide variety of clients from multi national organisations to SMEs our team are available to offer a full range of legal solutions across commercial matters.
Our experience and expertise ensure the highest quality of service, whilst our approach is always friendly, customer focused and cost-effective to assure you of the very best results. We have the knowledge and experience to give you the best advice possible.
At Fraser Brown we understand that time is precious and getting information to you quickly and efficently is one of our main priorities. That's why, in addition to valuing direct communication with our clients, we believe in making the most of technology to get you the informaton you need, when you need it.
Agricultural Property Relief (APR) is a relief against inheritance tax. It applies both during a person’s lifetime (if a gift of agricultural property is made) and on their death (if agricultural property forms part of their estate). Read more here.
If a person becomes mentally incapable of making decisions about their own financial affairs, and without a Lasting Power of Attorney, an application should be made to the Court of Protection for a ‘Deputy’ to be appointed. Read more here...
Over a quarter of the population have made a gift of over £1,000 in their lifetime, research has found that fewer than half of those who made gifts were aware of the inheritance tax rules and exemptions surrounding those gifts. Read about these here.
The law in England and Wales gives us testamentary freedom. We are largely free to leave our assets in our will to anybody we choose - there are no laws stating that certain family members must inherit a set amount, BUT it's not always that easy.
If you have a will, is it up to date? Almost a third of us with a will have had a change of circumstances since writing it and have not updated our will - this could mean that what is in your will is not carried out. Read more here.
Those that enter a marriage after making a Will are at risk of having their Will revoked, with assets left to pass through “intestacy rules.” It is important that you update your Will in these circumstances, to protect your wishes and assets.
“Joint tenants” and “tenants in common” are both terms that refer to how owners of a property hold the beneficial interest in it. The terms have different meanings for you and your family. Find out which best fits your circumstances.
With the new tax year a little under a month away now, it might be a good time to give some thought to inheritance tax planning. lifetime gifts are often overlooked, but can be an effective way of reducing the inheritance tax liability after death
Fraser Brown is a partnership of limited companies. Any references to partners in any document should be taken as being references to the directors of the limited companies and not to individual partners of the firm.